2611 Princeton Street

Sacramento, CA 95815

$1,812,000
Last Sold Price
12
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Not an average complex. All 8 units are good size 8 SINGLE FAMILY HOUSES on 1 lot, 6 of them are 3 bed approximately 900sqft and 2 of them are 2bed/1ba approximately 700sqft. VERY HIGH DEMAND 3 bedroom floor plans. Selling at >6.1% CAP RATE; very low expenses. All 8 Units interior were upgraded after last purchase in 2018 and one unit upgraded recently in July. Exterior paint done, Parking lot improved, significant landscaping and all interior of all 8 units remodeled. Gross rent more than doubled...Not an average complex. All 8 units are good size 8 SINGLE FAMILY HOUSES on 1 lot, 6 of them are 3 bed approximately 900sqft and 2 of them are 2bed/1ba approximately 700sqft. VERY HIGH DEMAND 3 bedroom floor plans. Selling at >6.1% CAP RATE; very low expenses. All 8 Units interior were upgraded after last purchase in 2018 and one unit upgraded recently in July. Exterior paint done, Parking lot improved, significant landscaping and all interior of all 8 units remodeled. Gross rent more than doubled since the seller purchased it in 2018.
  1. Listed by Sandeep Gupta • DRE #01984344 • Sandeep Gupta, Broker

Property Details for 2611 Princeton Street

Directions to Property
80E to el camino Ave - turn right on princeton st. Property is corner lot of Princeton and Frienza. 4 units on Princeton address 2611-2623 and 4 units at Frienza Ave address 1563-1569
Parking Features
1+ Space Per Unit, Carport/Pad
Architectural Style
Cottage/Bungalow
Zoning
R-2A
Cross Street
Frienza
Total Parking Spaces
0

Location

Listing Courtesy of Sandeep Gupta, Broker, Sandeep Gupta, DRE #01984344

Sold By Haylen, Peter Whang, DRE #01996428; Haylen, Anthony Wong, DRE #02047431

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LISTING UPDATED: 01/18/2023 08:40 AM

Property Details for 2611 Princeton Street

StatusClosed
MLS #20061503
Days on Compass371
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1959
Lot Size0.79 AC / 34,412 SF
CountySacramento County

Location

Listing Courtesy of Sandeep Gupta, Broker, Sandeep Gupta, DRE #01984344

Sold By Haylen, Peter Whang, DRE #01996428; Haylen, Anthony Wong, DRE #02047431

Add your commute

Building Information for 2611 Princeton Street

Stories1Residences8Year Built1959Building Size-Lot Size0.79 AC / 34,412 SF

Payment Calculator

$9,889 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,889

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2611 Princeton Street

Summary
Location and General Information
  • Area/District: 10815
  • Area Short Display: 10815
  • Zip Plus 4: 2734
  • Location Description: 10815
Taxes and HOA Information
  • APN: 266-0422-007-0000
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
School Information
  • School District (County): Sacramento
  • Senior High School District: Sacramento Unified
Parking
  • Covered Spaces: 16
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
  • Parking: 1+ Space Per Unit, Carport
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Source: Assessor Agent-Fill
  • Lot Features: Other
Property and Assessments
  • Possession: Subject To Tenant Right
  • Irrigation: Other
  • Picture Count: 74
  • Photos Provided By: Agent
  • Elevation: 0
  • Disclosures/Documents: Rental/Lease Agreement(s), None
  • Furnished: None
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Utilities
  • Sewer: Other
  • Utilities: Other
  • Water Source: Other
Interior and Exterior Features
Exterior Features
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 8
  • Construction Materials: Wood, Stucco, Stone, Shingle Siding
  • Foundation: Slab
  • Stories: 1
  • Security Features: Other
  • Roof: Composition
Interior Features
  • Heating: Natural Gas, Wall Furnace
  • Appliances: Built-In Refrigerator, Built-In Gas Range, Free Standing Refrigerator, Free Standing Gas Oven
  • Laundry Features: Other
  • Cooling: Varies by Unit, Wall Unit(s)
  • Electric: 220 Volts
  • Other Equipment: Varies by Unit
  • Flooring: Laminate, Tile
  • Full Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 2
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 6
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 0.0
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 12263.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # Of Units Total: 8
  • # Of Units Vacant: 0
  • # Of Units Leased: 8
  • Total # Leasable: 8
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $1,700.00
  • Unit 1 Approx SqFt: 900.0
  • Unit 1 SqFt Source: Tax Record
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 3
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $1,700.00
  • Unit 2 Approx SqFt: 900.0
  • Unit 2 SqFt Source: Tax Record
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 3
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $1,595.00
  • Unit 3 Approx SqFt: 900.0
  • Unit 3 SqFt Source: Tax Record
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 3
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $1,595.00
  • Unit 4 Approx SqFt: 900.0
  • Unit 4 SqFt Source: Tax Record
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • # Of Units Month to Month: 7
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Gas, Electricity, Cable TV

Property History for 2611 Princeton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2611 Princeton Street

This home is within Twin Rivers Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 1 to 12
Rating
School
Distance
D. W. Babcock Elementary School
PublicK to 6

Martin Luther King Jr. Technology Academy
Public7 to 8

Grant Union High School
Public9 to 12

Highlands Community Charter
Charter1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sandeep Gupta, Broker, Sandeep Gupta, DRE #01984344

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.